HS Icon Miscellaneous

XX (Harmonized System 1992 for Section)

World Trade (2019): $415B, Rnk 12 / 21

Top Exporter (2019): $180B, China

Top Importer (2019): $99.4B, United States

Product Complexity (2019): 0.98, Rnk 3 / 21

Export Growth (CAGR)(2018 - 2019): 0.34%, Rnk 5 / 21

Mean Tariff (2018): 11.7%, Rnk 7 / 21

Share of World Trade (2019): 2.29%, Rnk 12 / 21

Overview:  This page contains the latest trade data of Miscellaneous. In 2019, Miscellaneous were the world's 12th most traded product, with a total trade of $415B. Between 2018 and 2019 the exports of Miscellaneous grew by 0.34%, from  $414B to $415B. Trade in Miscellaneous represent 2.29% of total world trade.

Exports: In 2019 the top exporters of Miscellaneous  were China ($180B), Germany ($25.6B), Poland ($17.6B), Italy ($16.8B), and United States ($16.8B).

Imports: In 2019 the top importers of Miscellaneous were United States ($99.4B), Germany ($33.3B), France ($21.3B), United Kingdom ($19.8B), and Canada ($14.8B).

Tariffs: In 2018 the average tariff for Miscellaneous was 11.7%, making it the 7th lowest tariff using the Section product classification.

The countries with the highest import tariffs for Miscellaneous are Iran (33.3%), Bahamas (31.4%), Syria (27.1%), Cameroon (26.8%), and Gabon (26.7%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Japan (0.84%).

Ranking: Miscellaneous ranks 3rd in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): China, $180B

Top Destination (2019): United States, $99.4B

Miscellaneous are the world's 12th most traded product.

In 2019, the top exporters of Miscellaneous were China ($180B), Germany ($25.6B), Poland ($17.6B), Italy ($16.8B), and United States ($16.8B).

In 2019, the top importers of Miscellaneous were United States ($99.4B), Germany ($33.3B), France ($21.3B), United Kingdom ($19.8B), and Canada ($14.8B).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): China, $3.03B

Top Destination Growth (2018 - 2019): Malaysia, $1.12B

Between 2018 and 2019, the exports of Miscellaneous grew the fastest in China ($3.03B), Vietnam ($2.87B), Turkey ($718M), Cambodia ($464M), and Malaysia ($389M).

Between 2018 and 2019, the fastest growing importers of Miscellaneous were Malaysia ($1.12B), Saudi Arabia ($1.03B), Vietnam ($916M), Singapore ($851M), and Philippines ($508M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Miscellaneous.

In 2019,  market concentration measured using Shannon Entropy, was 3.86. This means that most of the exports of Miscellaneous are explained by 14 countries.

Explore Visualizations

TOP NET EXPORTER (2019): China, $175B

TOP NET IMPORTER (2019): United States, $82.6B

This map shows which countries export or import more of Miscellaneous. Each country is colored based on the difference in exports and imports of Miscellaneous during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Miscellaneous were China ($175B), Vietnam ($9.36B), Italy ($9.24B), Poland ($8.45B), and Mexico ($5.82B).

In 2019, the countries that had a largest trade value in imports than in exports of Miscellaneous were United States ($82.6B), France ($14.2B), United Kingdom ($13.1B), Japan ($8.06B), and Canada ($7.96B).

Disaggregation

#permalink to section
Value
Disaggregation

In 2019, the world most traded Miscellaneous, disaggragated by their HS6 level were Toys nes ($51.4B), Parts of seats ($31.3B), Furniture, wooden, nes ($25.7B), Articles for funfair, table and parlour... ($22.8B), and Electric lamps, lighting fittings, nes ($22B)

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Miscellaneous was 11.7%.  The countries with the highest tariffs for importing Miscellaneous were Iran (33.3%), Bahamas (31.4%), Syria (27.1%), Cameroon (26.8%), and Gabon (26.7%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.